TADAWUL:2240 Cash Flow Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	101.03	26.81	-297.84	-178.07	-159.42
Depreciation & Amortization	106.62	89.76	90.24	98.78	115.64
Loss (Gain) From Sale of Assets	-1.2	11.56	-26.34	-0.06	1.57
Asset Writedown & Restructuring Costs	-	-0.48	-16.97	-0.25	-7.98
Loss (Gain) From Sale of Investments	-	-	-	-1.07	-
Loss (Gain) on Equity Investments	-46.89	-24.12	-20.64	0.73	-2.38
Other Operating Activities	174.58	57.79	189.6	22.24	17.99
Change in Accounts Receivable	30.54	-31.39	-107.18	46.44	-90.72
Change in Inventory	-129.26	-67.66	162.34	-261.01	-267.56
Change in Accounts Payable	94.96	70.49	64.08	-40.85	22.9
Change in Unearned Revenue	-400.16	-145.45	726.41	81.82	233.49
Change in Other Net Operating Assets	194.8	290.79	53	-58.92	196.52
Operating Cash Flow	125.02	278.21	856.01	-294.03	56.78
Operating Cash Flow Growth	-55.06%	-67.50%	-	-	-83.25%
Capital Expenditures	-181.21	-116.35	-80.8	-31.03	-53.33
Sale of Property, Plant & Equipment	2.86	19.04	82.88	0.91	1.86
Cash Acquisitions	-	29.4	-	-7.56	-
Investment in Securities	-106.69	159.87	-193.09	1.07	-
Other Investing Activities	1.77	9.14	1.52	28.62	5.45
Investing Cash Flow	-283.27	101.11	-189.5	-7.99	-46.03
Short-Term Debt Issued	-	-	-	391.23	273.82
Long-Term Debt Issued	302.95	15.12	-	-	-
Total Debt Issued	302.95	15.12	-	391.23	273.82
Short-Term Debt Repaid	-224.05	-203.71	-510.58	-	-
Long-Term Debt Repaid	-50.21	-7.36	-24	-38.29	-145.9
Total Debt Repaid	-274.26	-211.08	-534.58	-38.29	-145.9
Net Debt Issued (Repaid)	28.7	-195.96	-534.58	352.94	127.92
Issuance of Common Stock	-	-	-	-	10.4
Other Financing Activities	-126.62	-34.92	-	-3.43	-23.81
Financing Cash Flow	-97.93	-230.88	-534.58	349.51	114.51
Foreign Exchange Rate Adjustments	3.74	-24.51	-8.18	-23.9	-0.9
Net Cash Flow	-252.44	123.92	123.76	23.59	124.37
Free Cash Flow	-56.18	161.86	775.21	-325.05	3.45
Free Cash Flow Growth	-	-79.12%	-	-	-98.85%
Free Cash Flow Margin	-0.91%	2.66%	16.55%	-8.28%	0.10%
Free Cash Flow Per Share	-0.93	2.70	12.92	-5.42	0.06
Cash Interest Paid	-	160.27	176.17	101.74	44.74
Levered Free Cash Flow	-164.42	57.88	874.03	-275.22	16.4
Unlevered Free Cash Flow	-60.55	159.16	985	-210.67	45.67
Change in Working Capital	-209.12	116.79	898.64	-232.52	94.63

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.